Vanguard Intermediate-Term Corporate Bond ETF $VCIT Stake Raised by Atlantic Union Bankshares Corp

Atlantic Union Bankshares Corp boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 26.5% during the 4th quarter, Holdings Channel.com reports. The fund owned 103,436 shares of the company’s stock after purchasing an additional 21,686 shares during the quarter. Atlantic Union Bankshares Corp’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $8,663,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Richards Merrill & Peterson Inc. acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth about $30,000. Chapman Financial Group LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth about $31,000. United Financial Planning Group LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth about $34,000. Abich Financial Wealth Management LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth about $35,000. Finally, Founders Financial Alliance LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth about $45,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ VCIT opened at $82.56 on Thursday. The stock’s 50-day moving average price is $82.95 and its two-hundred day moving average price is $83.63. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $80.42 and a 1 year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st were issued a dividend of $0.3262 per share. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date was Friday, May 1st.

Vanguard Intermediate-Term Corporate Bond ETF Profile

Vanguard Intermediate-Term Corporate Bond ETF seeks to track the performance of the Barclays Capital U.S. 5-10 Year Corporate Bond Index, a subset of the Barclays Capital U.S. Aggregate Float Adjusted Index. The Barclays Capital U.S. 5-10 Year Corporate Bond Index measures the investment return of U.S. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.